And why aren't these SIRI head-honcho's (no offense, Charles) using the NOL carryforwards?? The 'quarter' that Mel used some of the NOL's was the same 'quarter' in which the EPS rocketed to 50 cents???!!!!

SlapShot27, that was a one-time transaction to monetize the NOLs. It shows up on the balance sheet as current and long-term deferred tax assets. As of 12/31/2013, they total about $1.8 billion dollars, and I believe the total is reduced each year by the amount of taxes they save the company.

UBSS just did it again...... sitting on top of the bid side with 507k and then yanked it.

It has become a daily occurrence. Wonder what they're doin'?

Seems that when UBSS is loading up on the Bid side, sp is bumped up a notch soon after the block is withdrawn. Last week when they loaded up on the ask side, the sp declined after they pulled it. Seems so long as they keep inserting these blocks of phantom bids, the sp keeps increasing. This seems like manipulation that works to our benefit, however, being that it is contrived and artificial, perhaps they are helping pump it up to unload at as high a price as possible before the big tank after the CC on Thursday. I think tomorrow will tell.

Entry into a Material Definitive Agreement, Financial Statements and Exhi

Item 1.01 Entry into a Material Definitive Agreement

On April 22, 2014, our subsidiary, Sirius XM Radio Inc. ("SiriusXM"), entered into an amendment to its existing $1.25 billion five-year senior secured revolving credit facility with JPMorgan Chase Bank, N.A, as the administrative agent, and a syndicate of banks and financial institutions and other agents parties thereto.

The amendment modified the negative covenant contained in the revolving credit facility regarding restricted payments. Pursuant to the amendment, SiriusXM will be permitted to make restricted payments, which include dividend payments to us, so long as, after giving effect to such payment, SiriusXM's total leverage ratio for the four consecutive fiscal quarters most recently ended is no greater than 4.5 to 1.0; and both before and after giving effect to such payment, no default or event of default has occurred and is continuing. The description of the amendment to SiriusXM's revolving credit facility contained herein is qualified in its entirety by reference to the amendment, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and SiriusXM's revolving credit facility, a copy of which has been filed as Exhibit 10.1 to SiriusXM's Current Report on Form 8-K filed on December 10, 2012.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

10.1 Amendment No. 1, dated as of April 22, 2014, to the Credit Agreement, dated as of December 5, 2012, among Sirius XM Radio Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A. as administrative agent for the Lenders, as collateral agent for the Secured Parties, and as an Issuing Bank.

Lmca&siri&chtr

Entry into a Material Definitive Agreement, Financial Statements and Exhi

Item 1.01 Entry into a Material Definitive Agreement

On April 22, 2014, our subsidiary, Sirius XM Radio Inc. ("SiriusXM"), entered into an amendment to its existing $1.25 billion five-year senior secured revolving credit facility with JPMorgan Chase Bank, N.A, as the administrative agent, and a syndicate of banks and financial institutions and other agents parties thereto.

The amendment modified the negative covenant contained in the revolving credit facility regarding restricted payments. Pursuant to the amendment, SiriusXM will be permitted to make restricted payments, which include dividend payments to us, so long as, after giving effect to such payment, SiriusXM's total leverage ratio for the four consecutive fiscal quarters most recently ended is no greater than 4.5 to 1.0; and both before and after giving effect to such payment, no default or event of default has occurred and is continuing. The description of the amendment to SiriusXM's revolving credit facility contained herein is qualified in its entirety by reference to the amendment, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and SiriusXM's revolving credit facility, a copy of which has been filed as Exhibit 10.1 to SiriusXM's Current Report on Form 8-K filed on December 10, 2012.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

10.1 Amendment No. 1, dated as of April 22, 2014, to the Credit Agreement, dated as of December 5, 2012, among Sirius XM Radio Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A. as administrative agent for the Lenders, as collateral agent for the Secured Parties, and as an Issuing Bank.